The Offer: There’s More To It Than Just The Price

Fixating on price in real estate may cost you the deal: Sellers who decide that a specific dollar figure will buy their home and won’t budge from that bottom line may sell themselves short. Buyers who drop out of a transaction for a property they love because the seller’s counter-offer shocks them may be quitting… Read More

Top Six Mistakes Sellers Make

House for Sale

While a seller doesn’t control the real estate market, his actions can significantly contribute to how long their home takes to sell and how much it is sold for. Not Cleaning & De-Cluttering: It may seem obvious, but real estate agents everywhere are nodding their heads in agreement as they read this. Inviting potential buyers… Read More

Toronto Prices Spike Upward in November

Toronto prices set another all-time high in November, with the average price increasing to $776,684, a whopping 23% above last November. The trend was consistent across all GTA regions and all home types; for example, condo apartment prices were up 15% over last year. It seems only yesterday that there was a glut of condo… Read More

Untangling the New Mortgage Rules

The Federal Government has made two recent changes to the eligibility rules for government-backed insured mortgages: Effective October 17, all borrowers seeking high ratio (less than 20% down payment) mortgages must qualify based upon the Bank of Canada’s five year fixed posted rate (also known as the ‘Mortgage Qualification Rate’ or MQR). Presently the MQR… Read More